FAD

CareTrust REIT Announces Third Quarter 2023 Operating Results

Retrieved on: 
Thursday, November 9, 2023

CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended September 30, 2023, as well as other recent events.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended September 30, 2023, as well as other recent events.
  • During the quarter, CareTrust declared a quarterly dividend of $0.28 per common share.
  • On an annualized basis, the payout ratio was approximately 80% based on third quarter 2023 normalized FFO, and 76% based on normalized FAD.
  • A conference call will be held on Friday, November 10, 2023, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time), during which CareTrust’s management will discuss third quarter results, recent developments and other matters.

i-80 Gold Signs Non-Binding Term Sheet for the Joint Venture of the Ruby Hill Property

Retrieved on: 
Tuesday, November 7, 2023

During the exclusivity period, the Company will complete a drill campaign, funded by the potential partner, to accelerate knowledge of the metallurgical properties of the multiple polymetallic base metal deposits at the Ruby Hill Property.

Key Points: 
  • During the exclusivity period, the Company will complete a drill campaign, funded by the potential partner, to accelerate knowledge of the metallurgical properties of the multiple polymetallic base metal deposits at the Ruby Hill Property.
  • The Ruby Hill Property represents one of i-80's core assets, is host to both gold and polymetallic base metal deposits, most of which remain completely open for expansion, and is expected to be the Company's largest mining operation on an all‑metal basis.
  • Drilling is focused on expanding mineralization in the primary known zones as well as testing several new exploration targets on the Ruby Hill Property.
  • The Ruby Hill Property is host to multiple gold, gold-silver and poly-metallic (base metal) deposits collectively which we believe represents one of the largest development-stage projects in Nevada.

Omega Reports Third Quarter 2023 Results and Recent Developments

Retrieved on: 
Thursday, November 2, 2023

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended September 30, 2023.

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended September 30, 2023.
  • Expenses – Expenses for the quarter ended September 30, 2023 totaled $194.5 million, an increase of $16.8 million over the same period in 2022.
  • Other Income and Expense – Other income for the quarter ended September 30, 2023 totaled $49.5 million, an increase of $9.1 million over the same period in 2022.
  • Net Income – Net income for the quarter ended September 30, 2023 totaled $93.9 million, a decrease of $11.2 million over the same period in 2022.

i-80 Gold Announces High-Grade Results from Drilling at Ruby Hill

Retrieved on: 
Tuesday, September 12, 2023

The current drill program at Ruby Hill is focused on defining and expanding high-grade mineralization in multiple target areas including Carlin-type gold, polymetallic CRD and zinc-skarn.

Key Points: 
  • The current drill program at Ruby Hill is focused on defining and expanding high-grade mineralization in multiple target areas including Carlin-type gold, polymetallic CRD and zinc-skarn.
  • Recent highlight results from the most recent twelve drill holes include:
    "The Ruby Hill drill program continues to yield exceptional results in multiple target areas including the recent identification of high-grade polymetallic CRD mineralization in the Blackjack Zone.
  • The current drilling program is also focused on the Blackjack deposit, one of the primary polymetallic zones at Ruby Hill, where zones of gold mineralization are also being intersected.
  • Step-out drilling is also demonstrating significant expansion potential in the Ruby Deeps gold deposit.

i-80 Gold Announces High-Grade Results from Drilling at Ruby Hill

Retrieved on: 
Thursday, August 24, 2023

Drilling in 2023 has intersected high-grade mineralization in multiple target areas including in step-out drilling where mineralization remains wide open for expansion.

Key Points: 
  • Drilling in 2023 has intersected high-grade mineralization in multiple target areas including in step-out drilling where mineralization remains wide open for expansion.
  • Table 1 provides a summary of recent drill results and recent highlight results include:
    "Drilling at Ruby Hill continues to return results that confirm the Property's capability to be a flagship asset for i-80 with high-grade polymetallic base metal mineralization occurring immediately adjacent to the high‑grade Ruby Deeps gold deposit.
  • Step-out drill hole iRH23-18A extends mineralization to the south with the most impressive skarn intercept received to date since i-80 commenced drilling at Ruby Hill.
  • It is believed to be host to multiple feeder fault structures and is largely untested by previous drilling owing to the alluvial cover.

CareTrust REIT Announces Second Quarter 2023 Operating Results

Retrieved on: 
Thursday, August 3, 2023

CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2023, as well as other recent events.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended June 30, 2023, as well as other recent events.
  • The Company recognized $0.4 million of rent from this operator in the quarter and reports receiving $0.3 million in July.
  • On an annualized basis, the payout ratio was approximately 80% based on second quarter 2023 normalized FFO, and 78% based on normalized FAD.
  • A conference call will be held on Friday, August 4, 2023, at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time), during which CareTrust’s management will discuss second quarter results, recent developments and other matters.

Omega Reports Second Quarter 2023 Results and Recent Developments

Retrieved on: 
Wednesday, August 2, 2023

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2023.

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended June 30, 2023.
  • To the extent that these incremental rents are not received in the third quarter, FAD may decline from its second quarter level.
  • Expenses – Expenses for the quarter ended June 30, 2023 totaled $201.4 million, an increase of $27.2 million over the same period in 2022.
  • Net Income – Net income for the quarter ended June 30, 2023 totaled $61.5 million, a decrease of $30.4 million over the same period in 2022.

i-80 Gold Discovers High-Grade Gold-Sulphide Zone at Ruby Hill

Retrieved on: 
Wednesday, August 2, 2023

The new zone was intersected in the directional drilling program being completed at Ruby Hill to test the Blackjack deposit that is located under the Archimedes open pit.

Key Points: 
  • The new zone was intersected in the directional drilling program being completed at Ruby Hill to test the Blackjack deposit that is located under the Archimedes open pit.
  • "We have now made seven new discoveries at Ruby Hill since we began testing new targets on the Property in mid-2022.
  • The Tyche zone is in close proximity to the Lower Jack (Carlin-type) gold zone that is not currently part of the current resource at Ruby Hill (See Figure 2).
  • Additional drilling is currently being planned at the Tyche and Lower Jack gold zones with the potential to expand high-grade gold resources at Ruby Hill.

i-80 Gold Provides Comprehensive Operations Update

Retrieved on: 
Tuesday, July 11, 2023

Detailed metallurgical test work is being completed for both gold and polymetallic base metal mineralization at Ruby Hill.

Key Points: 
  • Detailed metallurgical test work is being completed for both gold and polymetallic base metal mineralization at Ruby Hill.
  • Once complete, and the Company has sufficiently advanced mine development at Granite Creek, Ruby Hill and Cove, a comprehensive study will be completed.
  • In the interim, sulphide (refractory) gold mineralization will be processed at NGM facilities pursuant to processing agreements that were previously negotiated.
  • i-80 Gold Corp's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results.

i-80 Gold Receives Approval to Begin Drilling in the Hilltop Corridor at Ruby Hill

Retrieved on: 
Tuesday, June 27, 2023

Ruby Hill is one of three core assets being advanced by i-80 and is host to high-grade Carlin-Type gold deposits and multiple Carbonate Replacement Deposits (CRD).

Key Points: 
  • Ruby Hill is one of three core assets being advanced by i-80 and is host to high-grade Carlin-Type gold deposits and multiple Carbonate Replacement Deposits (CRD).
  • The consolidation of the "Hilltop Corridor" provides i-80 with a favourable structural trend that measures more than 3 km and is host to multiple historic mines and new gold and polymetallic deposits.
  • Also, high-grade CRD and skarn mineralization has been discovered under alluvial cover in the East Hilltop area.
  • The Company has submitted for approval its plan to develop an underground mine at Ruby Hill with mineralization accessed via a ramp from the Archimedes open pit.